Real Estate Blog / Data | Page #4
MaxWell Real Estate Blog

 

The Ripple Effects Of Lower Oil Production and Investment

ATB Economics | July 14, 2020


   

Between the pandemic and oil price crash, oil producers in Alberta have been compelled to cut both capital expenditures and production. This, in turn, means fewer jobs, lower exports, reduced demand for goods and services used by the oil sector, truncated government royalties and stunted economic growth overall.

In an effort to quantify the economic impact of the cuts, Statistics Canada released a study last week entitled “The Decline in Production and Investment in Canada’s Oil and Gas Sector and its Impact on the Economy.”

The study found

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Emergency Preparedness


Emergency situations, or States of Emergency, can happen when you least expect it. The 2013 flooding in Southern Alberta is proof that all citizens need to be prepared for any type of emergency situation. We have provided some information on how to be prepared for emergency situations should the event arise.

The main thing is to have an emergency preparedness kit ready. Included in this kit should be enough resources to last at least 72 hours:

~ 4 litres of water per person for 3 days. (Note that the water from the toilet tank and hot water tank can be utilized.)

~ 3 days, or more, worth of food. Include items that do not spoil and are easy to prepare: energy bars, canned goods, dried fruit and nuts.

~ Non-electric

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The Mortgage Process


Purchasing a home is a lengthy process, which includes find your dream home. Needless to say, a house is a big deal, and you want to make sure you choose wisely. Below are few tips to get you on your way to home ownership.

Pre-qualify for a mortgage: It’s a good idea to understand what type of house you will be able to afford according to your income and your debt. Pre-qualifying for a mortgage will give you an advantage in the event you find a home that you love.

Find a property: Become knowledgeable about how homes cost in certain areas that you are interested in. It will give you a better understanding of what is out there and what you can afford.

Paperwork: Once you find a property, a real estate agent will draw up a

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Happy Canada Day!

Canada Day, observed on July 1st, is a national holiday marking the anniversary of Confederation in 1867, when the British North America Act came into effect. It was originally known as Dominion Day until it was renamed in 1982.

 

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House Painting Tips


Preparing the area:

Fill holes by using a filler or spackle. Make sure to dry completely, then sand.

Scrape off old paint or sand walls so the area is smooth.

Clean walls

Priming the walls: Priming isn’t absolutely necessary, but it will help the paint adhere properly, and hide any dark colours or stains.

Stir paint: Paint colour will separate. Make sure to stir thoroughly, especially if the paint has been sitting for an extended period of time.

Gather your painting tools: putty knife, filler, sandpaper, rags, paint can opener, paint tray, stir sticks, angled paint brush, roller, roller cover, roller extension pole, drop cloth, and painter’s tape.

Tape the appropriate areas so you won’t get paint on the parts

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